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Added on : 2017-07-21 10:03:40

Oil-to-telecom conglomerate Reliance Industries Ltd today reported its highest quarterly consolidated net profit of Rs 9,108 crore in three-months to June 30 on the back of higher petrochemical margins and one- time gain from sale of African asset. Net profit in the April-June quarter of current fiscal at Rs 9,108 crore (Rs 30.8 per share) was 28 per cent higher than Rs 7,113 crore (Rs 24.1 a share) in the same period of the last financial year, RIL said in a statement. "Strong refining and petrochemicals margin environment contributed to higher operating profits for the quarter," it said.

Oil-to-telecom conglomerate Reliance Industries Ltd today reported its highest quarterly consolidated net profit of Rs 9,108 crore in three-months to June 30 on the back of higher petrochemical margins and one- time gain from sale of African asset. Net profit in the April-June quarter of current fiscal at Rs 9,108 crore (Rs 30.8 per share) was 28 per cent higher than Rs 7,113 crore (Rs 24.1 a share) in the same period of the last financial year, RIL said in a statement. "Strong refining and petrochemicals margin environment contributed to higher operating profits for the quarter," it said.

Editor & Publisher : Dr Dhimant Purohit

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